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Oman Chromite CoOG (MUS:OCCI) PB Ratio : 2.09 (As of Dec. 14, 2024)


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What is Oman Chromite CoOG PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-14), Oman Chromite CoOG's share price is ر.ع3.735. Oman Chromite CoOG's Book Value per Share for the quarter that ended in Mar. 2024 was ر.ع1.79. Hence, Oman Chromite CoOG's PB Ratio of today is 2.09.

Good Sign:

Oman Chromite Co SAOG stock PB Ratio (=2.09) is close to 1-year low of 1.99

The historical rank and industry rank for Oman Chromite CoOG's PB Ratio or its related term are showing as below:

MUS:OCCI' s PB Ratio Range Over the Past 10 Years
Min: 1.26   Med: 2.61   Max: 3.11
Current: 2.09

During the past 13 years, Oman Chromite CoOG's highest PB Ratio was 3.11. The lowest was 1.26. And the median was 2.61.

MUS:OCCI's PB Ratio is ranked worse than
65.7% of 2321 companies
in the Metals & Mining industry
Industry Median: 1.34 vs MUS:OCCI: 2.09

During the past 12 months, Oman Chromite CoOG's average Book Value Per Share Growth Rate was 15.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 23.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Oman Chromite CoOG was 23.60% per year. The lowest was -9.20% per year. And the median was -0.10% per year.

Back to Basics: PB Ratio


Oman Chromite CoOG PB Ratio Historical Data

The historical data trend for Oman Chromite CoOG's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Oman Chromite CoOG PB Ratio Chart

Oman Chromite CoOG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.66 3.48 3.11 1.35 2.43

Oman Chromite CoOG Quarterly Data
Jun17 Sep17 Dec17 Mar18 Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.43 1.80 2.51 2.43 2.41

Competitive Comparison of Oman Chromite CoOG's PB Ratio

For the Other Industrial Metals & Mining subindustry, Oman Chromite CoOG's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Oman Chromite CoOG's PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Oman Chromite CoOG's PB Ratio distribution charts can be found below:

* The bar in red indicates where Oman Chromite CoOG's PB Ratio falls into.



Oman Chromite CoOG PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Oman Chromite CoOG's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=3.735/1.786
=2.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Oman Chromite CoOG  (MUS:OCCI) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Oman Chromite CoOG PB Ratio Related Terms

Thank you for viewing the detailed overview of Oman Chromite CoOG's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Oman Chromite CoOG Business Description

Traded in Other Exchanges
N/A
Address
NBO Building, 2nd Floor, Sohar, OMN
Oman Chromite Co SAOG is engaged in the business of mining and marketing of chromite ore. The company extracts two types of chrome ore, namely metallic and refractory ore available from the mines in the north of the Sultanate. The company's products include Metallurgical grade ore and Refractory grade ore. Geographically presence in GCC (Oman), East Asia, Europe, South Africa, and Others.